Forbes: LeBron breaks earnings record

He does not currently hold the NBA throne as a champion, but Lebron James Los Angeles Lakers is still king when it comes to the highest paid players in the NBA.

According to Forbes magazineJames is the highest paid player in the NBA for the eighth year in a row with a net total of $ 111.2 million, beating the previous record of $ 96.5M that he set in a previous 12-month period ending in May.

James’ total, 36, breaks down into a salary of $ 41.2M and an estimated $ 70M off the court. Stephen Curry ($ 92.8M) from the Golden State Warriors, Kevin Durant ($ 87.9M) from the Brooklyn Nets, Giannis Antetokounmpo ($ 80.3M) from the Milwaukee Bucks and Russell westbrook ($ 74.2M) of the Lakers round out the top five, according to Forbes.

According to Forbes estimates, James already reached a financial milestone this year when he surpassed $ 1 billion in professional earnings before taxes and agent fees, bringing his net worth to approximately $ 850M.

According to Forbes, “The top ten highest-earning players in the NBA would earn $ 714 million, up 28% from 2020-21 and 19% more from the previous record of $ 600 million in 2019-20. It also represents a 132% increase over a decade ago. “

The magazine noted that the increase this year is due in part to two factors: the increase in the salary cap of the teams (from $ 112.4M to $ 136.6M) that allows them to pay more to the players, and the return of the fans to the sands; the league projects that revenue will return to pre-pandemic levels this season.

Forbes: Top 10 Highest Paid Players 2021-22

1. LeBron James $ 111.2M
2. Steph Curry $ 92.8M
3. Kevin Durant $ 87.9M
4. Giannis Antetokounmpo $ 80.3M
5. Russell Westbrook $ 74.2M
6. James harden $ 62.3M
7. Damian Lillard $ 56.3M
8. Klay thompson $ 54M
9. Paul george $ 47.8M
10. Jimmy Butler $ 47M